Open-end home equity lines of credit. Denial rates run far higher on HELOCs than on purchase mortgages, so compare these lenders only with each other.
| # | Lender | Grade | HELOC applications | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Summit Credit UnionCottage Grove, WI | A | 2,948 | 15,483 | 13.8% | 6.75% |
| 2 | Educators Credit UnionMount Pleasant, WI | B | 2,526 | 4,930 | 24.3% | 6.95% |
| 3 | University of Wisconsin Credit UnionMadison, WI | A | 2,226 | 11,781 | 13.8% | 6.50% |
| 4 | FOX COMMUNITIES Credit UnionAppleton, WI | A | 1,664 | 3,040 | 3.9% | 6.49% |
| 5 | Landmark Credit UnionBrookfield, WI | A | 1,306 | 9,393 | 17.7% | 6.50% |
| 6 | Associated BankGreen Bay, WI | B | 1,249 | 7,451 | 23.7% | 6.88% |
| 7 | Covantage Credit UnionAntigo, WI | B | 1,219 | 4,581 | 7.7% | 6.50% |
| 8 | BMO BankChicago, IL | F | 1,194 | 5,202 | 25.3% | 8.23% |
| 9 | U.S. BankCincinnati, OH | D | 1,010 | 4,710 | 26.0% | 6.88% |
| 10 | Royal Credit UnionEau Claire, WI | B | 946 | 3,788 | 9.6% | 6.75% |
| 11 | Coastal Community BankEverett, WA | C | 864 | 1,486 | 2.5% | 10.99% |
| 12 | Community FirstNeenah, WI | A | 773 | 4,368 | 6.9% | 5.49% |
| 13 | Figure LendingCharlotte, NC | C | 692 | 1,025 | 23.0% | 8.65% |
| 14 | Spring EqConshohocken, PA | D | 615 | 1,129 | 51.9% | 9.30% |
| 15 | Johnson Financial GroupRacine, WI | A | 498 | 3,702 | 7.4% | 6.75% |
| 16 | Loandepot.ComIrvine, CA | D | 494 | 1,672 | 24.4% | 6.99% |
| 17 | Nationstar MortgageCoppell, TX | C | 469 | 1,260 | 14.3% | 7.49% |
| 18 | Pennymac Loan ServicesWestlake Village, CA | C | 452 | 2,298 | 12.7% | 6.38% |
| 19 | Sofi BankCottonwood Heights, UT | D | 440 | 806 | 8.7% | 7.50% |
| 20 | Discover BankGreenwood, DE | F | 414 | 844 | 53.6% | 8.88% |
| 21 | Dupaco CommunityDubuque, IA | A | 334 | 700 | 13.6% | 6.63% |
| 22 | ALTRA Federal Credit UnionOnalaska, WI | B | 332 | 1,747 | 5.8% | 6.66% |
| 23 | North Shore BankBrookfield, WI | C | 287 | 1,471 | 30.7% | 6.99% |
| 24 | Nicolet National BankGreen Bay, WI | A | 282 | 2,608 | 4.0% | 7.25% |
| 25 | WESTCONSIN Credit UnionMenomonie, WI | C | 280 | 1,967 | 13.0% | 7.50% |
| 26 | Verve, a Credit UnionOshkosh, WI | B | 260 | 926 | 8.1% | 6.50% |
| 27 | ADVIA Federal Credit UnionKalamazoo, MI | D | 251 | 733 | 24.7% | 7.00% |
| 28 | Lakeview Loan ServicingCoral Gables, FL | C | 234 | 820 | 44.9% | 6.69% |
| 29 | Old National BankEvansville, IN | B | 229 | 1,241 | 18.3% | 6.13% |
| 30 | Navy Federal Credit UnionVienna, VA | D | 227 | 1,195 | 18.1% | 6.63% |
| 31 | Trustone Financial Credit UnionPlymouth, MN | C | 222 | 954 | 19.8% | 7.25% |
| 32 | Broker SolutionsTustin, CA | D | 212 | 1,720 | 10.9% | 6.88% |
| 33 | Better MortgageNew York, NY | F | 211 | 486 | 25.1% | 7.43% |
| 34 | LendageSan Mateo, CA | B | 210 | 328 | 11.3% | 11.50% |
| 35 | PNC BankWilmington, DE | D | 191 | 744 | 26.5% | 7.48% |
| 36 | Bank FirstManitowoc, WI | A | 188 | 2,184 | 8.6% | 6.88% |
| 37 | Rocket MortgagePlymouth, MI | C | 184 | 7,819 | 18.0% | 6.63% |
| 38 | Heartland Credit Union (Madison)Madison, WI | B | 183 | 652 | 7.8% | 6.99% |
| 39 | PCM Credit UnionGreen Bay, WI | A | 179 | 485 | 3.1% | 5.99% |
| 40 | The Huntington National BankColumbus, OH | D | 163 | 1,107 | 21.8% | 6.88% |
| 41 | JPMorgan Chase BankColumbus, OH | B | 152 | 2,051 | 10.2% | 6.49% |
| 42 | Connexus Credit UnionWausau, WI | C | 150 | 540 | 33.9% | 6.49% |
| 43 | SimplicityMarshfield, WI | C | 150 | 738 | 11.5% | 7.00% |
| 44 | Crosscountry MortgageCleveland, OH | B | 148 | 1,553 | 4.8% | 6.75% |
| 45 | Kohler Credit UnionSheboygan, WI | B | 143 | 902 | 6.4% | 7.00% |
| 46 | Superior Choice Credit UnionSuperior, WI | B | 138 | 492 | 19.5% | 5.88% |
| 47 | Tri City National BankOak Creek, WI | A | 135 | 759 | 16.2% | 5.99% |
| 48 | Lake Ridge BankMiddleton, WI | A | 131 | 886 | 6.6% | 5.49% |
| 49 | Bank of AmericaCharlotte, NC | F | 127 | 607 | 29.0% | 6.24% |
| 50 | Blackhawk Community Credit UnionJanesville, WI | B | 123 | 774 | 9.8% | 7.50% |
Ordered by the number of applications of this type received in 2025 in the state. All figures come from the lenders' own HMDA filings. Full methodology.
